Forex Analysis - USDCAD, USDCHF, USDJPY, EURGBP, NZDJPY, and NZDUSD

Overview:

Watch the video for the key trading levels for the week ahead for USDCAD, USDCHF, USDJPY, EURGBP, NZDJPY, and NZDUSD.

USDCAD Daily chart:

Monthly support at 1.3262, resistance at 1.3664.

Weekly support at 1.3262, resistance at 1.3705.

Daily support at 1.3406, resistance at 1.3553.

Price advanced and tested the 1.3553 daily resistance level last week. Will price continue to advance and move above the 1.3553 daily resistance level this week?

USDCHF Daily chart:

Monthly support at 0.8926, resistance at 0.9084.

Weekly support at 0.8926, resistance at 0.9059.

Daily support at 0.8859, resistance at 0.9002.

Price declined and closed below the 0.8926 monthly support level last week. Will price hold the downtrend and move below the 0.8859 daily support level this week?

USDJPY Daily chart:

Monthly support at 127.21, resistance at 135.16.

Weekly support at 133.62, resistance at 137.90.

Daily support at 133.74, resistance at 135.10.

Price advanced and tested the 135.16 monthly resistance level last week. Will price hold the uptrend and move above the 135.16 monthly resistance level this week?

EURGBP Daily chart:

Monthly support at 0.8721, resistance at 0.9230.

Weekly support at 0.8722, resistance at 0.8897.

Daily support at 0.8791 and 0.8754, resistance at 0.8865.

Price advanced and tested the 0.8865 daily resistance level last week. Will price hold at the 0.8865-97 daily/weekly resistance area and decline back down the range this week?

NZDJPY Daily chart:

Monthly support at 80.57, resistance at 87.33.

Weekly support at 82.31 and 81.03, resistance at 83.86.

Daily support at 82.47, resistance at 83.53-81.

Price declined down from the 83.53 daily resistance level last week. Will price hold the downtrend and move below the 82.31 weekly support level this week?

NZDUSD Daily chart:

Monthly support at 0.5512, resistance at 0.6527.

Weekly support at 0.6084, resistance at 0.6191 and 0.6379.

Daily support at 0.6139-31, resistance at 0.6180.

Price declined and closed below the 0.6191 weekly support level last week. Will price hold the downtrend and move below the 0.6139-31 daily support area this week?This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.